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First of all, the prices of these products have their own factors, and the vast majority of petrochemicals, such as aromatics and olefins, depend on the continued stability of the crude oil. The external environment is favorable and cost driving is the main factor for the rise of such products. Such as styrene, analysis of the reasons for its rise, first of all affected by the Spring Festival holiday, the US dollar market skyrocketing, styrene US dollar market operating expectations are high; Second, the continuous rise in prices of pure benzene, equipment, centralized maintenance, less work, boost styrene market conditions .
For titanium dioxide, the current cost is stable, 46% titanium concentrate is currently the overall offer 1550-1600 yuan / ton, in early January Panxi titanium dioxide producers have resumed low-load production, due to early market inventory and supply shortages The short-term titanium concentrate prices are generally optimistic.
The supply demand side of the market has reversed from that before the holiday. At present, the mainstream prices of most of domestic sulfuric acid rutile and anatase titanium dioxide are 15500-16800 yuan/ton and 14000-15000 yuan/ton (both include tax). After a year of continuous rise, downstream customers have become accustomed to the rising routines. Some customers before the holiday have already stocked the goods. Some value traders added to previous trades have low-priced goods-selling behavior. The market is experiencing a short supply or demand imbalance.
Recently, the China Titanium Dioxide Industry Association has currently produced 39 full-process titanium dioxide production enterprises above designated size (three chlorination companies, 35 sulfuric acid companies, and one sulfuric acid/chlorination company). According to statistics, in 2016, the total production of titanium dioxide in 39 companies was 2,597,212 tons, an increase of 274,199 tons, or 11.8%, from the 2,323,012 tons in 2015, which was a record high.
This 11.8% is out of tune in the context of capacity reduction. Indeed, the problems of both production and price will be problematic. However, if these increments belong to high quality products, if the market is already reborn, these increases will be healthy, and the volume will rise. become possible. High-quality products are the means to break the old relationship between supply and demand, and are also a prerequisite for a healthy market environment.
On February 6, international giant Chemours announced that since March 1, 2017, all Ti-Pure? titanium dioxide prices for North America, Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa have been raised, including Asia Pacific raised US$150/ton. Will such price increase drive the price increase of domestic titanium dioxide enterprises? On February 28, Lili United will publish its annual report. Will the largest domestic titanium dioxide company raise prices again? How to start the 2017 price of titanium dioxide is worth looking forward to.
2017 titanium dioxide market prices in the end rose up?
After the holiday, many chemical raw materials have skyrocketed. More obvious, such as styrene rose about 1,000 yuan / ton, pure benzene rose about 500 yuan / ton, epoxy resin rose 1,000 yuan / ton, in addition, such as acrylic acid, toluene, etc. Product prices also showed an escalating upward trend. Under such circumstances, titanium dioxide that attracted attention in 2016 has not announced a price increase after the year. So how likely is the price increase in the future?